Middle Eastern countries are at risk of their worst economic crisis since the pandemic, with gross domestic product potentially falling by up to 6% this year due to ongoing conflict, according to Reuters.
The US has deployed Ukraine's anti-UAV system at an airport in Saudi Arabia, following heavy damage to the base from Iranian attacks, according to Reuters.
The Middle East conflict costs Europe nearly USD 600 million daily, forcing the EU to propose releasing emergency reserves to address energy shortages.
Iraqi captain Rahman al-Jubouri likens his oil tanker to a "fireball" while traversing the Gulf of Oman, near the Strait of Hormuz, a region where the US-Israel-Iran conflict disrupts global trade and endangers seafarers.
The U.S. military may have expended over half its inventory of Patriot, THAAD missiles, and other munitions during six weeks of conflict with Iran, according to the Strategic and International Studies Center.
The US president stated he does not wish to extend the ceasefire with Iran, as the agreement approaches its expiration and no further negotiations have been held between the two sides.
Tehran accuses the US of violating a ceasefire agreement by attacking an Iranian cargo ship and states it has not decided whether to continue negotiations with Washington.
